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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (220727)	2/24/2005 10:52:07 PM
From: Amy J	Read Replies (3) of 1576246

David, RE: "The problem isn't caused by "Congress looting" ANYTHING. Every nickel that has been borrowed from the trust is evidenced by a United States note. " This is exactly my definition of "looting." No money should be borrowed. No excuses. I and a lot of other younger people do not like "Pay as you Go." We do not like borrowing. I saw a demographic report that showed boomers borrow more than Gen X and Gen Y on discretionary items. (Though Gen Y and Gen X are borrowing more on houses (according to this same report), given the bubble that the boomers in Congress don't want to address.) Additionally, due to the demographic shifts, pay-as-you-go reads: pay boomers (who don't save more than 1%) but screw you. I could possibly be convinced of a pay-as-you-go system, if there was a mandate to force boomers to save more than 1%. They can't have it both ways and eat their cake too. Regards, Amy J

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